this morning a new gallup poll is showing a tighter race. the president is up three points after being up six points at his peak. abc's karen travers has all of the latest now from the campaign trail. >> reporter: california is safely in president obama's corner, but he's not there looking for votes. he's raising campaign cash, a lot of it. >> are you fired up? >> reporter: the stars came out. george clooney, stevie wonder, jon bon jovi, and katy perry, all on hand to support the president's re-election. >> everything we fought for in 2008 is on the line here in 2012, and i need your help to finish what we started. >> reporter: it will be a lucrative california swing. over two days the obama campaign's expected to raise a minimum of $9.5 million. no surprise that the president is shattering fund-raising records. last month the president's campaign and the democratic party raised $181 million, bringing his re-election total to $835 million. romney's raised at least $548 million so far. mitt romney's spent his second consecutive day asking for